Another home owner scammed
Its hard to do research on companies when you are about to lose your home. Common sense would tell you not to trust a company that copied the name of a government agency. That’s what a westland family failed to realize when they signed up with Hope Now Modifications, LLC – probably thinking it was HOPE NOW.
In a recent survey of advertising, the Federal Trade Commission found 71 companies running suspicious ads related to loan modifications or foreclosure rescue.
Hope Now Modifications LLC of New Jersey was shut down and its assets frozen in March. It used a name that mimicked the legitimate Hope Now Alliance, a coalition of trade and industry groups.
But that was too late for the Boyds, who are days away from losing their home.Dan Boyd is now trying to work directly with his lender, Chase Home Finance LLC, to modify his $1,330 monthly mortgage payment for the three-bedroom brick home.
